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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Peraso
Peraso (PRSO) investor relations material
Peraso Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary12 Nov, 2026
Executive summary
Q3 revenue fell to $284k from $3.234m YoY as irregular fixed wireless access (FWA) orders and reduced mmWave shipments weighed on results.
Early signs of renewed demand, including an October FWA production order exceeding $2m, support the outlook for sequential revenue growth in Q4.
Priorities included cost discipline, supply-chain resilience, and converting customer engagements into design wins and production orders.
Financial highlights
Q3 revenue was $284k vs. $3.234m YoY; 9M revenue was $2.554m vs. $9.323m.
Q3 product revenue was $263k vs. $3.062m YoY; services and other revenue was $21k vs. $172k.
Q3 GAAP operating expenses were $2.9m vs. $3.0m YoY; non-GAAP operating expenses were $2.7m vs. $2.9m.
Q3 GAAP net loss was $2.658m, or $0.18/share, vs. $1.210m, or $0.17/share, YoY; 9M GAAP net loss was $7.375m.
Outlook and guidance
Management expects revenue growth to resume beginning in Q4, citing renewed customer demand, broad engagement, and increased recognition of 60 GHz technology.
An October order exceeding $2m for a 60 GHz FWA deployment was the largest FWA order in six quarters; shipments are expected through mid-2027, with additional orders possible.
Nant Capital proceeds are intended to support working capital and development and commercialization of drone communications solutions.
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Latest events from Peraso
- A $10m financing backs expansion into 30 km drone links and new markets.PRSO
Planet MicroCap Showcase: Toronto 2026 - 60 GHz mmWave innovator drives growth in FWA, defense, and edge AI with robust margins.PRSOCorporate presentation
- Q2 2026 revenue up 36% sequentially; gross margin rises, but liquidity risks remain.PRSOQ2 2026
- Shareholders will vote on director elections, equity plan expansion, and a major share issuance proposal.PRSOProxy filing
- Driving mmWave innovation for FWA, defense, and edge AI with strong growth and market leadership.PRSOCorporate presentation
- Key votes include director elections, equity plan expansion, and a major stock issuance proposal.PRSOProxy filing
- Up to 31.75M shares may be sold for $25M in a flexible equity facility, with potential dilution.PRSORegistration filing
- Q1 2026 revenue fell on supply chain delays and memory exit, with defense and Edge AI growth offset by losses.PRSOQ1 2026
- Q2 2024 revenue up 70% year-over-year, but liquidity risks remain despite margin gains.PRSOQ2 2024
Next Peraso earnings date
Q4 202615 Mar, 2027
Peraso
Next Peraso earnings date
Q4 202615 Mar, 2027
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Frequently asked questions
Peraso Inc. is a semiconductor company that designs and develops advanced millimeter-wave (mmWave) technology solutions. The company’s products include chipsets, antennas, and integrated circuits that enable high-speed wireless communications in applications such as 5G networks, fixed wireless access, and consumer electronics. Peraso’s technology is focused on delivering high-performance, low-latency connectivity for data-intensive applications, enhancing wireless communication capabilities across various industries. The company is headquartered in Toronto, Canada, and its shares are listed on the NASDAQ.